CANLVirgin Arm11 Point Road
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11 Point Road, Virgin Arm, NL

House

For Sale

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110

MLS® 1293288

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 770 sqft
Garage No
Taxes $240
Days Active 0
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $77
MLS® Number 1293288

Property Address: 11 Point Road, Virgin Arm, NL, A0G1P0

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Alert! Immediate Cash Flow Opportunity! This is your chance to acquire a turnkey rental property and enter the real estate investment market with confidence! Located in a desirable area, this property is poised to deliver outstanding returns from day one. Key Investment Highlights: Instant Income: The property includes a long-standing, reliable tenant who wishes to remain, ensuring immediate, uninterrupted rental income and returning capital from the moment of closing. Expansion Potential: Don't just settle for one unit! A dedicated (approximately 300 downstairs with potential on the second floor) storage area is situated beside the existing apartment. This space was originally slated for conversion into a second rental unit (e.G., a studio or 1-bedroom suite). This offers a clear path to significantly boosting your ROI through future value-add development (subject to municipal approvals). Hassle-Free Transition: Benefit from an established tenancy, eliminating the time and expense of marketing, screening, and initial leasing. Don't miss out on this exceptional chance to secure a cash-flowing asset with built-in potential for future revenue growth. (id:58753)Show Description
MLS® Number1293288
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1970
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Main Floor7 × 10 ft
Other:Main Floor12 × 3 ft
Bedroom 1:Main Floor10 × 6 ft
Other:Main Floor11 × 5 ft
Family Room:Main Floor17.5 × 8.42 ft

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Price History

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  • Commute

Commute

Starting Address
Destination Address
11 Point Road, Virgin Arm, NL

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